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Why Cayman? Cayman Islands Vs Barbados: Offshore Business Showdown

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Why Cayman? Cayman Islands Vs Barbados: Offshore Business Showdown

The Cayman Islands and Barbados are competing for entrepreneurs’ attention as offshore business destinations. The Cayman Islands offer a tax-neutral environment with no corporate, capital gains, or sales taxes, while Barbados has low corporate tax rates and a network of double taxation agreements. Both locations have advantages in terms of business setup, legal frameworks, and lifestyle amenities. The choice between the two islands depends on specific priorities and business goals.

Have smartphones killed the art of conversation?

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Have smartphones killed the art of conversation?

Fact: The use of smartphones has transformed the way people relate to the world and others, leading to a decline in face-to-face conversations and an increase in communication mediated through screens.

New York City Announces Anticipated Deviations from Recently Promulgated New York State Corporate Tax Regulations

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New York City Announces Anticipated Deviations from Recently Promulgated New York State Corporate Tax Regulations

The New York City Department of Finance is expected to deviate from the New York State corporate tax reform regulations in several key areas, including the application of unincorporated business tax sourcing rules for corporate partners, authorizing deviations from statutory apportionment methods based on individual facts and circumstances, allocating income from passive investment customers using an 8% fixed allocation, increasing the threshold for taxpayers to use a billing address “safe harbor,” and retaining excess inclusion in income for holders of residual interests in real estate mortgage investment conduits.

Fury over old woman lying on pavement at Paphos bus stop

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Fury over old woman lying on pavement at Paphos bus stop

Fact: The image of an elderly woman lying on the pavement at a Paphos bus stop in the absence of any shelter was described as “tragic and unacceptable” by Transport Minister Alexis Vafeades.

Criminal gangs, profiteers thrive in Gaza as cash shortage worsens misery

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Criminal gangs, profiteers thrive in Gaza as cash shortage worsens misery

A shortage of banknotes in Gaza is causing chaos, with only a few ATMs operational in the southern city of Rafah. Residents are facing long waits and sometimes paying fees to access cash, as armed gangs exploit the situation. The conflict has led to a lack of liquidity in the enclave, with hundreds of millions of shekels stuck in bank vaults. Essential goods remain scarce, and some merchants are profiteering from the shortage by charging high commissions. Gaza’s economy relies heavily on Israel, which has blocked cash imports since the start of the war.

Court reduces paedophile, ’s sentence by six months

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Court reduces paedophile, ’s sentence by six months

The court of appeal reduced the sentence of a convicted paedophile by six months.

Controversy arises over school CCTV installation selection

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Controversy arises over school CCTV installation selection

The Ministry of Education is installing CCTV systems in certain secondary schools to address misconduct, sparking debate within the education community. The pilot initiative involves ten schools, with OELMEK expressing concerns about the selection criteria for the program. OELMEK argues that schools frequently targeted by delinquents should be prioritized over those classified as “high-risk” by the Ministry. The controversy led to OELMEK seeking clarification from the Deputy Director of Secondary Education and suggesting alternative language for the operation of the CCTV systems. Deputy Director Theofilou clarified that the initiative is in its pilot phase, with plans to expand to 50 schools in the future. This debate highlights differing perspectives on school security prioritization and the importance of transparency in decision-making processes.

Banning UK arms exports to Israel would strengthen Hamas, UK’s Cameron says

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Banning UK arms exports to Israel would strengthen Hamas, UK’s Cameron says

David Cameron stated that stopping British arms sales to Israel if it launches a ground assault on Rafah in the Gaza Strip would strengthen Hamas. Israel ordered Palestinians to evacuate more of the southern city as it prepares for a ground attack, despite U.S. President Joe Biden’s threat to withhold weapons. Cameron believes that Britain should not support an operation in Rafah without a plan to protect civilians. He mentioned that less than 1% of Israel’s weapons come from Britain and are controlled by a strict licensing system. Cameron suggested that changing the approach to arms exports could strengthen Hamas and make a hostage deal less likely.

Eurovision chaos: Ireland a no-show for dress rehearsal as French act sends anti-war message [VIDEO]

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Eurovision chaos: Ireland a no-show for dress rehearsal as French act sends anti-war message [VIDEO]

Ireland, along with Greece and Switzerland, did not appear during the parade at the start of the Family Rehearsal for the Eurovision Song Contest 2024. Bambie Thug, representing Ireland, was absent from the stage, citing an urgent situation requiring attention from the organisers. The European Broadcasting Union is currently discussing necessary actions in response to the absence. France’s act Slimane stopped his performance midway to send a peace message, chanting “United by music yes, but for love, for peace.” The Eurovision contest has been thrust into political conflict with protests calling for Israel’s exclusion and demands for changes to Israel’s entry lyrics.

Thanasis Nicolaou murder ruling paves way for new probe to find killers

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Thanasis Nicolaou murder ruling paves way for new probe to find killers

Judge Doria Varoshiotou ruled that Thanasis Nicolaou’s death was a result of criminal strangulation, overturning previous claims of suicide. This decision marks a significant victory for Nicolaou’s family, paving the way for further investigation into his death. The Law Office’s handling of the case was criticized by the judge for maintaining a suicide narrative and questioning the validity of forensic findings. Panikos Stavrianos intends to appeal the ruling, while the pathologists’ findings supported the conclusion of strangulation based on neck bruises and bone injuries.